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Intangible Assets and Goodwill (Tables) | 12 Months Ended
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Mar. 31, 2022
Disclosure Of Detailed Information About Intangible Assets And Goodwill [Line Items] |
Summary of Intangible Assets and Goodwill |
|  |  |  |  |  |  |  |  |  | Other intangible assets |  |  |  |  |  |  |  |  |
Particulars |  | Goodwill |  |  | Technology Related Development Cost |  |  | Customer Relationship |  |  |  |  | Non- Compete |  |  |  |  | Brand / Trade Mark |  |  | Software |  |  | Others |  |  | Intangible assets under development* |  |  | Total |
Cost |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance as at April 1, 2020 |  |  | 889,033 |  |  |  | 60,160 |  |  |  | 10,671 |  |  |  |  |  | 899 |  |  |  |  |  | 133,725 |  |  |  | 6,484 |  |  |  | — |  |  |  | 4,257 |  |  |  | 1,105,229 |
Additions/adjustments* |  |  | — |  |  |  | 8,033 |  |  |  | — |  |  |  |  |  | — |  |  |  |  |  | — |  |  |  | 329 |  |  |  | — |  |  |  | (234 | ) |  |  | 8,128 |
Disposals |  |  | — |  |  |  | (480 | ) |  |  | — |  |  |  |  |  | — |  |  |  |  |  | — |  |  |  | (1,751 | ) |  |  | — |  |  |  | — |  |  |  | (2,231 | )
Effect of movements in foreign exchange rates |  |  | 18,219 |  |  |  | 1,176 |  |  |  | 200 |  |  |  |  |  | 17 |  |  |  |  |  | 2,551 |  |  |  | 134 |  |  |  | — |  |  |  | 81 |  |  |  | 22,378 |
Balance as at March 31, 2021 |  |  | 907,252 |  |  |  | 68,889 |  |  |  | 10,871 |  |  |  |  |  | 916 |  |  |  |  |  | 136,276 |  |  |  | 5,196 |  |  |  | — |  |  |  | 4,104 |  |  |  | 1,133,504 |
Balance as at April 1, 2021 |  |  | 907,252 |  |  |  | 68,889 |  |  |  | 10,871 |  |  |  |  |  | 916 |  |  |  |  |  | 136,276 |  |  |  | 5,196 |  |  |  | — |  |  |  | 4,104 |  |  |  | 1,133,504 |
Additions/adjustments* |  |  | — |  |  |  | 8,744 |  |  |  | — |  |  |  |  |  | — |  |  |  |  |  | — |  |  |  | 22 |  |  |  | 671 |  |  |  | 375 |  |  |  | 9,812 |
Disposals |  |  | — |  |  |  | (5,392 | ) |  |  | — |  |  |  |  |  | — |  |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (5,392 | )
Effect of movements in foreign exchange rates |  |  | (26,929 | ) |  |  | (1,882 | ) |  |  | (290 | ) |  |  |  |  | (15 | ) |  |  |  |  | (3,803 | ) |  |  | (149 | ) |  |  | (10 | ) |  |  | (107 | ) |  |  | (33,185 | )
Balance as at March 31, 2022 |  |  | 880,323 |  |  |  | 70,359 |  |  |  | 10,581 |  |  |  |  |  | 901 |  |  |  |  |  | 132,473 |  |  |  | 5,069 |  |  |  | 661 |  |  |  | 4,372 |  |  |  | 1,104,739 |
Accumulated amortization and impairment losses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance as at April 1, 2020 |  |  | 281,785 |  |  |  | 39,846 |  |  |  | 3,514 |  |  |  |  |  | 530 |  |  |  |  |  | 49,485 |  |  |  | 5,706 |  |  |  | — |  |  |  | 2,373 |  |  |  | 383,239 |
Amortization for the year |  |  | — |  |  |  | 9,665 |  |  |  | 1,463 |  |  |  |  |  | 64 |  |  |  |  |  | 12,540 |  |  |  | 305 |  |  |  | — |  |  |  | — |  |  |  | 24,037 |
Disposals |  |  | — |  |  |  | (468 | ) |  |  | — |  |  |  |  |  | — |  |  |  |  |  | — |  |  |  | (1,743 | ) |  |  | — |  |  |  | — |  |  |  | (2,211 | )
Effect of movements in foreign exchange rates |  |  | 5,593 |  |  |  | 756 |  |  |  | 69 |  |  |  |  |  | 12 |  |  |  |  |  | 949 |  |  |  | 118 |  |  |  | — |  |  |  | 35 |  |  |  | 7,532 |
Balance as at March 31, 2021 |  |  | 287,378 |  |  |  | 49,799 |  |  |  | 5,046 |  |  |  |  |  | 606 |  |  |  |  |  | 62,974 |  |  |  | 4,386 |  |  |  | — |  |  |  | 2,408 |  |  |  | 412,597 |
Balance as at April 1, 2021 |  |  | 287,378 |  |  |  | 49,799 |  |  |  | 5,046 |  |  |  |  |  | 606 |  |  |  |  |  | 62,974 |  |  |  | 4,386 |  |  |  | — |  |  |  | 2,408 |  |  |  | 412,597 |
Amortization for the year |  |  | — |  |  |  | 9,091 |  |  |  | 1,347 |  |  |  |  |  | 64 |  |  |  |  |  | 12,420 |  |  |  | 390 |  |  |  | 23 |  |  |  | — |  |  |  | 23,335 |
Impairment for the year |  |  | — |  |  |  | — |  |  |  | — |  |  |  |  |  | — |  |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 138 |  |  |  | 138 |
Disposals |  |  | — |  |  |  | (5,375 | ) |  |  | — |  |  |  |  |  | — |  |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (5,375 | )
Effect of movements in foreign exchange rates |  |  | (8,206 | ) |  |  | (1,319 | ) |  |  | (133 | ) |  |  |  |  | (6 | ) |  |  |  |  | (1,768 | ) |  |  | (129 | ) |  |  | — |  |  |  | (53 | ) |  |  | (11,614 | )
Balance as at March 31, 2022 |  |  | 279,172 |  |  |  | 52,196 |  |  |  | 6,260 |  |  |  |  |  | 664 |  |  |  |  |  | 73,626 |  |  |  | 4,647 |  |  |  | 23 |  |  |  | 2,493 |  |  |  | 419,081 |
Carrying amounts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
As at April 1, 2020 |  |  | 607,248 |  |  |  | 20,314 |  |  |  | 7,157 |  |  |  |  |  | 369 |  |  |  |  |  | 84,240 |  |  |  | 778 |  |  |  | — |  |  |  | 1,884 |  |  |  | 721,990 |
As at March 31, 2021 |  |  | 619,874 |  |  |  | 19,090 |  |  |  | 5,825 |  |  |  |  |  | 310 |  |  |  |  |  | 73,302 |  |  |  | 810 |  |  |  | — |  |  |  | 1,696 |  |  |  | 720,907 |
As at April 1, 2021 |  |  | 619,874 |  |  |  | 19,090 |  |  |  | 5,825 |  |  |  |  |  | 310 |  |  |  |  |  | 73,302 |  |  |  | 810 |  |  |  | — |  |  |  | 1,696 |  |  |  | 720,907 |
As at March 31, 2022 |  |  | 601,151 |  |  |  | 18,163 |  |  |  | 4,321 |  |  |  |  |  | 237 |  |  |  |  |  | 58,847 |  |  |  | 422 |  |  |  | 638 |  |  |  | 1,879 |  |  |  | 685,658 |
* | Represents addition of USD 8,887 (March 31, 2021: USD 7,741) to intangible assets under development, adjusted for amounts capitalized out of intangible assets under development amounting to USD 8,512 (March 31, 2021: USD 7,975).
Summary of Goodwill Allocated to Acquired Subsidiaries Level | As at April 1, 2020, the goodwill was allocated to the following CGUs:
|  | As at April 1, |
Particulars |  | 2020 |
ibibo Group - Go ibibo |  |  | 447,712 |
ibibo Group - redBus |  |  | 141,737 |
Other units without significant goodwill |  |  | 17,799 |
Total |  |  | 607,248 |
The allocation of goodwill to the CGUs is as follows:
|  | As at March 31, |
Particulars |  | 2021 |  |  | 2022 |
Air ticketing |  |  | 248,660 |  |  |  | 241,127 |
Hotels and Packages |  |  | 225,027 |  |  |  | 218,209 |
ibibo Group – redBus |  |  | 136,786 |  |  |  | 132,641 |
Other units without significant goodwill |  |  | 9,401 |  |  |  | 9,174 |
Total |  |  | 619,874 |  |  |  | 601,151 |
Air Ticketing and Hotels and Packages [Member] |
Disclosure Of Detailed Information About Intangible Assets And Goodwill [Line Items] |
Summary of Assumption for Calculation of Cash flow Projections | The key assumptions used in the estimation of value in use were as follows:
|  | Air ticketing |  |  | Hotels and packages |
|  | As at March 31, |  |  | As at March 31, |
Particulars |  | 2021 |  |  | 2022 |  |  | 2021 |  |  | 2022 |
Discount rate (pre-tax) |  | 19.4% |  |  | 18.6% |  |  | 19.4% |  |  | 18.3% |
Discount rate (post-tax) |  | 16.0% |  |  | 16.4% |  |  | 16.0% |  |  | 16.4% |
Terminal value growth rate |  | 4.5% |  |  | 4.5% |  |  | 4.5% |  |  | 4.5% |
Adjusted margin growth rate |  | 15.0% - 106.3% |  |  | 13.2% - 54.7% |  |  | 19.0% - 118.2% |  |  | 5.9% - 61.2% |
EBITDA margin* (5 years) |  | 6.6% - 18.2% |  |  | 4.6% - 13.8% |  |  | (7.1%) - 17.9% |  |  | 14.6% - 15.7% |
* EBITDA margin is defined as EBITDA as a percentage of adjusted margin.
ibibo Group - redBus [Member] |
Disclosure Of Detailed Information About Intangible Assets And Goodwill [Line Items] |
Summary of Assumption for Calculation of Cash flow Projections | The key assumptions used in the estimation of value in use were as follows:
|  | As at March 31 |  |  |
Particulars |  | 2021 |  |  | 2022 |  |  |
Discount rate (pre-tax) |  | 18.9% |  |  | 18.6% |  |  |
Discount rate (post-tax) |  | 16.0% |  |  | 16.4% |  |  |
Terminal value growth rate |  | 4.0% |  |  | 4.0% |  |  |
Adjusted margin growth rate |  | 20.0% - 124.7% |  |  | 15.0% - 79.0% |  |  |
EBITDA margin* (5 years) |  | 9.8% - 21.9% |  |  | 5.2% - 24.3% |  |  |
* EBITDA margin is defined as EBITDA as a percentage of adjusted margin.

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